Volvo's upcoming V40 (or is that V30?) five-door has been spied testing again this week, as Volvo's engineers make the most of Northern Europe's winter weather.

This latest test car is covered head-to-toe in the usual hard-plastic camouflage plates, although earlier shots have revealed that Volvo's new small car will draw inspiration from the S60/V60 range, along with the stylish XC60 SUV.

A new teaser image revealed in December also offers a telling glimpse of what to expect, with the same upright grille, sportback roofline and high-mounted tail-lights of the larger V60 wagon.

Whether the new model will be named V30 or V40 is unclear, however reports out of Europe have claimed that Volvo CEO Stefan Jacoby has quietly confirmed the return of the V40 badge.